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$GIGA: Value rises 64% in 5 minutes after Coinbase announcement
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Coinbase, one of the world’s leading cryptocurrency exchanges, made waves by announcing the inclusion of two new memecoins on its platform on Wednesday, 4. Among them, the $GIGA had an impressive performance, appreciating 64% in less than five minutes, jumping from R$0.25 to R$0.41. Inspired by a viral meme that encapsulates the archetype of the ultramasculine man, the $GIGA It is a memecoin from a community that has shown itself to be very engaged.
Coinbase’s announcement was made on its X.com account at 11:30 am, which was enough to generate a spike in searches for the company. $GIGAincreasing its price considerably.
Created in March 2024, $GIGA was inspired by the meme of the same name, which uses montages with photos of a Russian model in random contexts. This is the second highest value that cryptocurrencies reached in the yearjust behind the R$0.47 that reached on November 5th. At the time, the token was valued at R$0.36 before jumping, an increase of 30%.
GigaChad is a slang term widely used in online forums, such as Reddit, to describe the ultramasculine man archetype. These users divide men into chad (handsome and successful men) with gigachads (extremely handsome and equally successful men).
Who is GIGACHAD
However, the term came to life when users on these forums came across the essay Sleek’N’Tears by Russian photographer Krista Sudmalis. At the end of 2016, she photographed 122 extremely strong and defined male bodies, sharing them on her Instagram account.
One specific portrait caught the attention of the forum community due to his angular features and muscular body. This man came to be considered GigaChad in person, the supreme man by users of online forums. In 2017, photos of GigaChad went viral on the networks and a mythology was created around the figure of the ideal man.
However, in 2018, a Reddit forum user shared a post explaining that GigaChad was a Russian fitness model named Ernest Khalimov. Over the years, Khalimov began to be used in several memes and parodies on the internet, always highlighting his virile features, making him a virtual myth. In 2021, Khalimov used his Instagram account to speak out about his success:
After the launch of the GigaChad fitness line in 2023, the community around the GigaChad meme launched the $GIGA cryptocurrency in 2024. Today, after Coinbase’s announcement, images of Khalimov in random contexts went viral on social media. Showing that this is a very active and engaged community around the project, as well as other memecoin communities for sale. Which explains the sudden rise in the value of the $GIGA token in just a few minutes.
$GIGA: Value rises 64% in 5 minutes after Coinbase announcement
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$GIGA: Value rises 64% in 5 minutes after Coinbase announcement
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$GIGA: Value rises 64% in 5 minutes after Coinbase announcement
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$GIGA: Value rises 64% in 5 minutes after Coinbase announcement